Senate pushes for tax free BEAD grants: Why it matters
As we patiently wait for news on the Broadband Equity, Access and Deployment (BEAD) Program, the U.S. Senate is pushing for legislation that could make it less costly for rural ISPs to apply for BEAD. Or so the industry hopes. Sens Jerry Moran (R-KS) and Mark Warner (D-VA) led a bill that would amend the Internal Revenue Service code so federal broadband deployment funding would not be considered taxable income.
